BTC Weekly: Gearing Up or Slowing Down?

Quick Market Snapshot: BTC Just Catching Its Breath

Alright, so here’s the tea—Bitcoin (BTC) seems to be taking a little breather this week. After that massive sprint toward nearly $112,000 last week, it’s now bouncing between $107,000 and $110,000.

Why the pause? Well, recent U.S. inflation data came in cooler than expected, and that’s got investors feeling hopeful about a possible Fed rate cut.

So yeah, the vibes are still bullish. But hold up—some technical indicators are whispering that a short-term dip might be on the cards before we resume the ride up.

Time to zoom into those charts instead of blindly riding the hype.

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Golden Cross & Moving Averages: Bullish Energy Still Intact

Here’s something pretty big: a golden cross just formed. That’s when the 50-day moving average (around $105,000) crosses above the 200-day MA (around $100,000).

It’s kind of like the market’s way of saying, “Hey, we’re not done yet.”

Even better? BTC is still trading above both these moving averages, which technically means the uptrend is still alive and kicking.

So yeah, the path upward is still open—as long as the market doesn’t trip over short-term resistance.

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RSI & MACD: Still Got Juice, But Losing Some Steam

Let’s break down the RSI (Relative Strength Index). The 14-day RSI is hovering around 60. That’s a comfy “neutral bullish” zone—not too hot, not too cold.

Not overbought (above 70), not oversold (below 30). Basically, there’s room to move either way: a slow climb higher or a small dip for a power-up.

And about that MACD—yep, it’s still above the signal line, which is good. But the histogram’s shrinking, signaling that bullish momentum is slowing a bit. It’s not a reversal (yet), but definitely worth watching.

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Support & Resistance Zones: These Levels Are Your Best Friends

Whether you’re an active trader or just watching from the sidelines, here are the levels you need to know:

If BTC can blast through $112,000 with strong volume, the next stops could be $115,000 and maybe even $120,000.

But if support at $107,000 breaks down, we could be heading for a cool-off around $95,000–$100,000 before bouncing back.

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Market Sentiment: ETF Flows on Fire, But Geopolitics Hit the Brakes

Now let’s step outside the technicals. The mood in the market is still mostly upbeat—Bitcoin ETFs pulled in a mind-blowing $132 billion in June alone.

That’s a major flex from institutional investors showing big-time interest in BTC.

But it’s not all smooth sailing. Rising geopolitical tensions in the Middle East are keeping some of that bullish energy in check.

A few analysts are waving the caution flag, saying that if things escalate, it could shake up crypto’s momentum. So yeah, stay alert.

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This Week’s BTC Forecast: Three Possible Scenarios

1. Bullish Scenario

If BTC smashes past $112,000 with convincing volume, the next leg up could take it to $115,000–$120,000. Throw in a couple of pro-crypto headlines from U.S. economic reports, and it could accelerate even faster.

2. Correction Scenario

But if BTC fails to hold $107,000 and sellers start stacking up, we could see a short-term drop to the $95,000–$100,000 zone. No, it’s not a crash—it’s more of a pit stop before potentially racing toward $125,000 down the road.

3. Neutral Scenario

Or BTC could just chill in the $107,000–$112,000 range while waiting for the next major catalyst—like midweek U.S. economic data. It’s a classic “hurry up and wait” situation before the next move.

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Trading Strategy Tips: Pick Your Style

Swing Trading

If you’re into holding positions for a few days, consider buying in around $107,000–$108,000 and targeting $112,000–$115,000. Don’t forget a stop-loss below $105,000—always protect your downside.

Scalping

For the fast movers out there: take advantage of intraday volatility between those support and resistance levels.

Quick entries, quick exits—but you’ll need strong charting skills and serious discipline to make this work.

Long-Term Holding

If you’re the chill, long-view type, stacking sats under $100,000 could be your golden opportunity. It’s what they call “buying the dip”—preparing for the next big leg up with patience.

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Final Thoughts: BTC Still Has Room to Run, But Don’t Sleep on the Risks

All in all, Bitcoin’s medium-term uptrend still looks solid. We’ve got a golden cross, strong price action above key moving averages, and massive institutional flows. But don’t ignore those signals showing the market may need a quick break.

Watch the $107,000 (support) and $112,000 (resistance) levels closely—because the next big move will likely start from there. It could either rocket to $120,000 or reset a bit lower before climbing again.

If you’re an active trader, don’t just follow the hype. Study the charts, monitor the volume, and trust your signals.

And if you’re a long-term believer, minor corrections could be your chance to scoop up BTC at a discount.

Because in crypto, it’s the patient and prepared ones who usually win the biggest.

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